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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Gerry Kline who wrote (15748)1/10/2000 8:33:00 PM
From: truth  Read Replies (2) | Respond to of 28311
 
I would have to agree. I have been long GNET forever, but this lack of interest in the stock, at all times is very frustrating. I think GNET will be one of the key internet stocks for a long time, but the fact that the stock just sits around while other stocks in the space double such as INSP. The lack of a major brokerage firm following GNET is also very annoying. I am sure that they have all talked to Russ and management and are holding out for investment banking business, but the fact that they aren't looking at valuations compared to the rest of the sector and just saying that this stock is severely undervalued is amazing. With all that GNET has done over the last two years, for this stock to sit dormant while the rest of the NASDAQ screams stinks. The stock will probably run the day before earnings are announced and then sell off the next day. Has anyone else noticed how this stock very rarely is up two days in a row, and if it is it comes crashing back down to below the levels it started it's run. The fact that the stock was just trading 111 and is now trading 82 off 26% from its highs is ridiculous and no one seems to care. Yes we are all beleivers in the stocks long term, but tell me the other longs don't get very upset when these other stocks scream into the heavens and we sit around. But when the internet stocks sell off we are right there with them. Just some thoughts.



To: Gerry Kline who wrote (15748)1/10/2000 8:42:00 PM
From: levy  Read Replies (2) | Respond to of 28311
 
Gerry regarding... "It is my personal opinion that there are reasons to question GNET's recent performance relative to the NASDAQ market's performance."

So what's your take on the reasons GNET has under performed relative to certain other NASDAQ performers recently? What would you suggest to GNET management to improve on their stellar performance for the past year but recent relative weakness?

Does anyone have anymore on that tv interview with Russ? Looking at what broadband can do I think go2net needs to get a strong media company alliance.....all media companys did well on todays news since time warner is far more than a broadband pipe.....go,cnbci, nbci are actually still pretty cheap and considering where this is heading these existing media companys have a major advantage over go2net/PA......some big meida alliance will have to be added to this pie....and it surely is not going to be any cheaper than it is today.....they should do this alliance now....



To: Gerry Kline who wrote (15748)1/10/2000 9:13:00 PM
From: trouthead  Read Replies (2) | Respond to of 28311
 
I have no problem questioning an investment. I don't appreciate rudeness.

I am happy with my investment in gnet. It's up 35%. Some here have a much higher return. I haven't seen anything negative coming out about the business of gnet. Only negatives have been inestors grousing about the lack of return.

I have patience. The story behind gnet has not changed. It is still growing, diversifying and making great partnerships and maintaining a great cash flow.

jb



To: Gerry Kline who wrote (15748)1/10/2000 11:33:00 PM
From: Susan G  Respond to of 28311
 
I believe we gnet longs question everything and our loyalty is anything but blind. Yea, we could have put all our money into Qualcomm but maybe we don't believe in that as the best investment for the future. We are constantly researching, posting articles and links as well as discussing with each other, publicly and by pm.

Not blind, just patient. Remember when aol was so doubted by investors and the street? And heavily shorted? well look at them now...And many investors patiently held through hard times and were rewarded.

This aol/twx merger validates what we've all believed in all along, and new respect for "those crazy volatile speculative internets" is soon to come and will reward us all for our patience.

I think people forget that the sight of stocks going up 20 - 30 points in a day is a recent thing. In the past we were all thrilled with 20% a year...gnet has come so far in this past year, a consolidation at this price is healthier for the future - and will help support the price during future corrections. Some of my stocks dropped 20 points in a day last week...gnet didn't. In fact...it was green : ) Comforting to say the least.
Susan